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April 26, 2023
Question

Report income from k-1 on t1135

  • April 26, 2023
  • 1 reply
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how to report income from k-1 on t1135? what boxes are used for gross income and Gain (loss) on disposition?

    1 reply

    ssing 11
    May 1, 2023

    Hey @ggiaeverThe IRS Schedule K-1 is similar to the Canadian T5013. T1135 is  used If you own foreign property that is valued at more than C$100,000 at any time during the year. 

    Swaran Singh